Price for Monophenols; Naphthols and Their Salts in Morocco - 2022

Contents:

  1. Price for Monophenols; Naphthols and Their Salts in Morocco (CIF) - 2022
  2. Imports of Monophenols; Naphthols and Their Salts in Morocco

Price for Monophenols; Naphthols and Their Salts in Morocco (CIF) - 2022

The average import price for monophenols; naphthols and their saltses stood at $2,735 per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2013 an increase of 75%. The import price peaked at $12,233 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($10,029 per ton), while the price for India totaled $2,507 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%).

Imports of Monophenols; Naphthols and Their Salts in Morocco

In 2022, purchases abroad of monophenols; naphthols and their saltses decreased by -30.1% to 3.5 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 438% against the previous year.

In value terms, monophenols; naphthols and their salts imports dropped dramatically to $9.7K in 2022. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 146% against the previous year. As a result, imports reached the peak of $14K, and then reduced rapidly in the following year.

Import of Monophenols; Naphthols and Their Salts in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.44.412.58.7179.1%
United States0.20.10.10.1-20.6%
Others4.01.11.20.8-41.5%
Total4.65.613.89.728.2%

Top Suppliers of Monophenols; Naphthols and Their Salts to Morocco in 2022:

  1. United States (undefined tons)
  2. India (3.5 tons)

Source: IndexBox Market Intelligence Platform

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